Govt’s claims of increased exports false: PRGMEA

KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central Shaikh Mohammad Shafiq discussed the stuck up payments of PM package duty...

PM inaugurates 1410MW hydropower project at Tarbela

TARBELA: Prime Minister Shahid Khaqan Abbasi on Saturday inaugurated 1410 MW Tarbela 4th extension hydropower project. Azad Jammu and Kashmir President Sardar Masood Khan,...

Mexico not expecting any eminent price shocks: central bank governor

ACAPULCO: Mexico’s central bank does not expect significant shocks to inflation in the short term, the bank’s governor said on Friday, unlike 2017...

Lab tests reveal use of chemicals to increase petrol quality

LAHORE: According to lab tests conducted my Hydrocarbon Development Institute of Pakistan (HDIP) and Oil and Gas Regulatory Authority (OGRA), importers and...

Vegetables worth $1.37bn imported in first half of current fiscal year

LAHORE: Pakistan has spent $1.37 billion on the imports vegetables in the first half of the current fiscal year, reported a private...

Govt decides to continue with power surcharges

  LAHORE: The federal government on Friday, decided to carry on with electricity surcharge of Rs2.35 per unit for all electricity consumers, reported a...

Naveena Group announces establishment of steel production plant at Port Qasim

KARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum)...

Daniyal proposes amendment in loans for Agriculture, Commercial and Industrial Purposes Act 1973

ISLAMABAD: Minister for Privatisation Daniyal Aziz stressed the need for revisiting the Loans for Agriculture, Commercial and Industrial Purposes Act 1973, which...

Pak businesses should get benefits from special economic zones under CPEC: Chinese Ambassador

ISLAMABAD: Ambassador of China to Pakistan, Yao Jing has said that the business community of Pakistan should get benefits from special economic...

Canadian dollar notches 1-week high as jobs rise

TORONTO: The Canadian dollar strengthened to a more than one-week high against its US counterpart on Friday, adding to gains after Canada...

Govt exported 1.2 MMT sugar during 2016-17: Pervaiz Malik  

ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik on Friday said that since the start of the crushing year 2016-17 up...

SBP injects Rs1,141.7bn into money market

KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs1,141.7 billion into money market for seven days as reverse repo through its...

Federal govt to table budget on April 27: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance, Miftah Ismail has said that the federal government would present the budget for the fiscal...

12,000 MW power added in system, 20,000 MW more in the offing: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance Dr Miftah Ismail Friday said the present government of Pakistan Muslim League-N had added around...

Pumping out water for Thar coal mining not to affect drinking water sources: SECMC

ISLAMKOT (THARPARKAR): Revealing some of the unknown facts and breaking a commonly perceived myth, Sindh Engro Coal Mining Company (SECMC) has clarified...